IBPS Clerk Quant Mixture Problem Quiz 11

2 years ago .

Here is a quiz for upcoming Banking exams like IBPS Clerk V and other Banking Exams. This quiz contains important questions which match the pattern of banking exams, so make sure you attempt today’s Quantitative Aptitude IBPS Clerk Quiz to check your preparation level.

IBPS Clerk Quant Mixture Problem Quiz 11

Que. 1

A grocer has two types of rice and their price are 38 Rs/kg and 26 Rs/kg. He want to make a new type of rice by mixing old types. In what ratio old types should be mixed so that the price of new type would be 30 Rs/kg.

Now we are required to have 50% wine and 50% water in new mixture. So we have to have 40 liters of water, equal to the amount of pure wine (which is constant) available in the mixture. Thus we have to add up 30 liters (40 – 10 = 30) water in the original mixture.

Solution

Padam purchases 30 kg of rice at the rate of Rs. 17.50 per kg and another 30 kg of rice at a certain rate. He mixed the two and sold the entire quantity at the rate of Rs. 18.60 per kg and made 20% overall profit. At what price per kg did he purchase the lot of another 30 kg rice?